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German Regulators Reject Ethena’s MiCA Application for Its USDe Stablecoin

German Regulators Reject Ethena’s MiCA Application for Its USDe Stablecoin

Ethena Labs’ EU subsidiary, Ethena GmbH, faces shutdown by German regulators due to regulatory non-compliance, while the firm downplays the impact on its global operations. Critics continue to question the stability of its synthetic USDe token.
The post German Regulators Reject Ethena’s MiCA Application for Its USDe Stablecoin appeared first on BeInCrypto…

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